- Long-term rates should be formed by financial markets
- We showed bond buying plans through to Q1 2027 to allow flexibility, predictability
- Japan’s economy is recovering moderately, although some weak moves are seen
- Easy monetary conditions will support the economy
- Will keep raising rates if economy, prices improve
- Trade developments and their impact remain extremely uncertain
- Will guide policy from standpoint of sustainably ,stably achieving price target
He’s not really giving much away with his comments here and just reaffirming the as expected policy decision from earlier in the day. USD/JPY is down just 0.1% at 144.64 currently, not too much changed.
This article was written by Justin Low at www.forexlive.com.